Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
33.78
-2.10 (-5.85%)
Jun 3, 2026, 12:56 PM EDT - Market open
Varonis Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 660.24 | 623.53 | 550.95 | 499.16 | 473.63 | 390.13 | |
Revenue Growth (YoY) | 15.15% | 13.17% | 10.38% | 5.39% | 21.40% | 33.29% |
Cost of Revenue | 144.53 | 131.97 | 93.85 | 71.75 | 69.84 | 59.4 |
Gross Profit | 515.71 | 491.56 | 457.1 | 427.41 | 403.8 | 330.74 |
Selling, General & Admin | 409.57 | 400.26 | 377.99 | 360.79 | 347.15 | 291.55 |
Research & Development | 253.37 | 237.81 | 196.77 | 183.84 | 177.88 | 137.88 |
Total Operating Expenses | 662.94 | 638.07 | 574.75 | 544.63 | 525.03 | 429.43 |
Operating Income | -147.23 | -146.51 | -117.65 | -117.22 | -121.23 | -98.69 |
Total Non-Operating Income (Expense) | 22.69 | 30.19 | 34.64 | 30.31 | 10.41 | -12.15 |
Pretax Income | -124.54 | -116.32 | -83.01 | -86.92 | -110.82 | -110.84 |
Provision for Income Taxes | 9.04 | 13 | 12.76 | 14 | 13.7 | 6.02 |
Net Income | -130.4 | -129.32 | -95.77 | -100.92 | -124.52 | -116.86 |
Net Income to Common | -130.4 | -129.32 | -95.77 | -100.92 | -124.52 | -116.86 |
Shares Outstanding (Basic) | 115 | 114 | 112 | 109 | 109 | 105 |
Shares Outstanding (Diluted) | 115 | 114 | 112 | 109 | 109 | 105 |
Shares Change (YoY) | 2.53% | 2.46% | 2.31% | -0.13% | 3.77% | 11.63% |
EPS (Basic) | -1.14 | -1.13 | -0.86 | -0.92 | -1.14 | -1.11 |
EPS (Diluted) | -1.14 | -1.13 | -0.86 | -0.92 | -1.14 | -1.11 |
Shares Outstanding | 114.81 | 117.55 | 112.55 | 109.1 | 107.67 | 107.51 |
Free Cash Flow | 119.21 | 134.8 | 108.51 | 54.32 | 0.48 | -3.31 |
Free Cash Flow Growth | -11.56% | 24.24% | 99.76% | 11335.16% | - | - |
Free Cash Flow Per Share | 1.04 | 1.18 | 0.97 | 0.50 | 0.00 | -0.03 |
Gross Margin | 78.11% | 78.83% | 82.97% | 85.63% | 85.26% | 84.77% |
Operating Margin | -22.30% | -23.50% | -21.35% | -23.48% | -25.60% | -25.30% |
Profit Margin | -19.75% | -20.74% | -17.38% | -20.22% | -26.29% | -29.95% |
FCF Margin | 18.06% | 21.62% | 19.69% | 10.88% | 0.10% | -0.85% |
EBITDA | -132.99 | -134.21 | -106.53 | -105.52 | -109.05 | -87.81 |
EBITDA Margin | -20.14% | -21.52% | -19.33% | -21.14% | -23.02% | -22.51% |
EBIT | -147.23 | -146.51 | -117.65 | -117.22 | -121.23 | -98.69 |
EBIT Margin | -22.30% | -23.50% | -21.35% | -23.48% | -25.60% | -25.30% |
Effective Tax Rate | -7.26% | -11.18% | -15.37% | -16.10% | -12.37% | -5.43% |